August 31, 2007

NORMAN HSU UPDATE: “A top Democratic fundraiser wanted as a fugitive in California turned himself in Friday to face a grand theft charge. San Mateo County Superior Court Judge H. James Ellis ordered Norman Hsu handcuffed and held on $2 million bond. A bail hearing was scheduled for Sept. 5, at which the judge will consider reducing his bail to $1 million. . . . On Friday, Hsu, who has an apparel business in New York, also resigned from the board of trustees of The New School and from the board of governors of The New School’s Eugene Lang College. The college received a federal appropriation secured by Clinton last year, but a spokesman for the school said Hsu was not involved in seeking money for the school.”

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